Insider Trading Update: SeaWorld Entertainment, Inc. $SEAS

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SeaWorld Entertainment, Inc. (NYSE:SEAS) insider have most recently took part in a trading activity. On Aug 29, 2017 Hill Path Capital Partners Co-investment S Lp, 10% Owner bought 417,942 shares having total worth of $5,562,808 at the price of $13.31 per share, following the transaction a total of 13,581,406 shares owned by Hill Path Capital Partners Co-investment S Lp. Before this latest buy, Hill Path Capital Partners Co-investment S Lp purchased SEAS at 5 other times during the past twelve months, for a total investment of $150.59M at an average of $13.48 per share.

The stock has experienced a total of 20 insider trades in the past three months. These trades include 20 buy trades. Furthermore, over the past 12 months , the stock was traded 29 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 26 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 20 0 -19.82%
12 Month 26 3 -31.75%

Shares of SeaWorld Entertainment, Inc. (NYSE:SEAS) traded down 3.12% on Aug 28, 2017, hitting $13.35. 2,790,018 shares of the company’s stock traded hands. SeaWorld Entertainment, Inc. has a 52 week low of $12.03 and a 52 week high of $21.21. The company’s market cap is $1,220 million.

SeaWorld Entertainment, Inc. (NYSE:SEAS) last announced its earnings results on Aug 8, 2017. The company reported 1.09 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.33 by $0.76. The company had revenue of $374 million for the quarter, compared to the consensus estimate of $396 million. During the same quarter in the previous year, the company posted 0.21 earnings per share. The company’s revenue for the quarter was up 1% on a year-over-year basis.

2017-08-08 2017-05-09 2017-02-28 2016-11-08 2016-08-04 2016-05-05 2016-02-25 2015-11-05 2015-08-06 2015-02-26
earnings per share 1.09 -0.62 -0.14 0.77 0.21 -0.56 -0.11 1.14 0.22 -0.21
Revenue(M) 373.75 186.36 267.6 485.32 371.14 220.24 267.86 496.94 391.62 264.54

SeaWorld Entertainment, Inc. was incorporated in Delaware on October 2, 2009 to effect the purchase of all the outstanding equity interests of Busch Entertainment LLC and affiliates from Anheuser-Busch Companies, Inc. The company, through its wholly owned subsidiary SeaWorld Parks & Entertainment, Inc., owns and operates ten theme parks within the United States. It is owned by ten limited partnerships, owned by affiliates of The Blackstone Group L.P. and certain co-investors. Till now, the company has built a diversified portfolio of 11 premier destination and regional theme parks that are grouped in key markets across the United States. In addition to theme parks, the company is also building its brand in media, entertainment and consumer products. The Company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California; and Busch Gardens theme parks in Tampa, Florida; and Williamsburg, Virginia. It also operates water park attractions, including Aquatica in Orlando, Florida; Adventure Island in Tampa, Florida, and Water Country USA in Williamsburg, Virginia. In addition, it operates Discovery Cove, a reservations-only attraction offering interaction with marine animals and Sesame Place, a seasonal park in Langhorne, Pennsylvania. The company derives its revenues from the ticket sales as well as the in-park per capita spending for culinary, merchandise and other in-park experiences.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

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About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.